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Mallya enters high-end retail

Fascinated by the high-end brands entering the country, Vijay Mallya led UB Group, the world's third-largest maker of alcoholic spirits, has entered the business of high-end retail.The group will hold 55 per cent stake in the Collection, a shopping...

Gucci opens today in Mumbai

Major Italian fashion brand Gucci will launch its first exclusive standalone store for India in Mumbai. Spread over 3,400 square feet, the store will be located at Nariman Point in South Mumbai. The Mumbai store is expected to be...

Gucci owner to buy Puma

PPR SA, which owns the Gucci and Yves Saint Laurent fashion brands, will take over Puma, the world's third-largest sports goods company, in a friendly takeover valuing the German group at US$7.1 billion (€5.3bn). The French luxury group said...

Bangalore to get a Ritz

Bangalore city has been earmarked by the Ritz-Carlton Hotel Company, for its first hotel in India. The Ritz-Carlton Hotel Company operates over 65 hotels in Middle East, Asia, North and South America, and Europe. The planned hotel will become...

Pantaloon-led Consortium to open Duty Free Shop at IGI

Alpha-Pantaloon consortium, comprising of the Pantaloon retail (India) Limited and UK based Alpha Airports Group Plc, have opened a duty free shop at the arrival terminal of Indira Gandhi International airport. The shop would be fully operational by 18-20...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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